Hill Willard I JR 4

What Happened

• Hill Willard I JR, a director of Beacon Financial Corp (BBT), received a grant/award of 2,509 restricted shares on 2026-06-16. The reported acquisition price was $0.00, so the immediate cash value reported is $0. The grant is an equity award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-16; Filing date (Form 4): 2026-06-24 — appears to be filed late (8 days after the transaction).
• Shares granted: 2,509 restricted common shares; price reported: $0.00 per share.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The shares were granted under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan and vest one year from the date of grant (per footnote F1).

Context

• This was a restricted stock award (compensation-related grant) that vests in one year; such grants are common as director or employee compensation and are not direct buy/sell signals. The $0 acquisition price reflects an award rather than a cash purchase. The late filing may be a regulatory timeliness issue but does not by itself indicate trading intent.